September's strong jobs report: good or bad news?

US economy added 336,000 jobs in September, surpassing expectations. Nonfarm Payrolls 336K vs Forecast 170K The robust job report signals that the Fed will likely have to hike its target rate further to slow hiring and the broader economy to tame inflation. ---------------- 1. What does this mean for the economy? 2. Will higher-than-expected NFP supress stock market?

avatarJYandyy
2023-10-10
$NASDAQ(.IXIC)$ Good to know about this 
avatarysawm
2023-10-10
$NASDAQ(.IXIC)$  In September, the US economy added a remarkable 336,000 jobs, surpassing even the most optimistic expectations. This unexpected surge in job growth naturally raises questions about the implications for our overall economy and the stock market's performance. First and foremost, the robust job gains are a testament to the resilience of the US economy. It signals that businesses are expanding and feeling confident about future prospects. As more people find employment, consumer spending tends to rise, boosting various sectors from retail to housing. This, in turn, can contribute to a cycle of economic growth and prosperity. However, the question of whether higher-than-expected nonfarm payrolls (NFP) could suppress the stock mar
avatarnizam brown
2023-10-10
$NASDAQ(.IXIC)$ hi i am new here
avatarHappyland
2023-10-10
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avatarThorfoo
2023-10-10
avatarJC888
2023-10-09

NonFarm Payroll causes US Market & Economy to fall.

The US economy added 336,000 NonFarm Payroll (NFP) jobs in September 2023, surpassing expectations of 117,000. It is the “biggest” increase since January 2023 readings (see below). It means US economy is: Recovering strongly from the pandemic-induced recession. And the labor market is still relatively tight. The robust job report signals that the Fed will likely to hike its target rate further in order to “decelerate” [a] hiring and [b] overall economy, and tame inflation. Unemployment rate remained flat at 3.8%, unchanged from August. It is at a level not seen since February 2022. Wages, a closely watched supplementary indicator of how much leverage workers have, rose less than expected last month, rising 0.2% on a monthly basis and 4.2% YoY. With the latest NFP data, does it
NonFarm Payroll causes US Market & Economy to fall.

Some Takeaways of Israeli-Palestinian Conflict

Palestine’s Hamas launched an unprecedented attack on Israel over the weekend, resulting in the deaths of more than 700 Israelis. At the same time, Israel declared a state of legitimate war for the first time in its government's name since 1973. Additionally, dozens of hostages, including Americans, were taken back to Gaza.For both parties in the conflictIsrael's military prowess in the Middle East is not "unbeatable." $iShares MSCI Israel ETF(EIS)$ Israel's significant intelligence failures left it unprepared for Hamas's hybrid warfare tactics, including lightning-fast small team raids and basic drone attacks.Internal political divisions in Israel may have contributed to the success of this attack.The United States, as an ally, may have been more
Some Takeaways of Israeli-Palestinian Conflict
avatarJinHan
2023-10-09

The Paradox of Strong Jobs Data: Why It May Spell Trouble for Stocks

The release of September’s robust jobs report has left investors grappling with an unexpected conundrum. While the surge in job creation seems like a cause for celebration, there are compelling reasons to believe that it could usher in a period of uncertainty for the stock market. In this article, we’ll explore the surprising jobs data, dissect why it might not bode well for stocks, and discuss how investors can navigate this complex landscape.$SPDR S&P 500 ETF Trust(SPY)$  1. The September Jobs Report: A Pleasant Surprise: • The U.S. job market defied expectations by adding an impressive 336,000 jobs in September, marking the strongest monthly gain since January. • Unemployment remained at a steady 3.8%, confou
The Paradox of Strong Jobs Data: Why It May Spell Trouble for Stocks
avatarStickyRice
2023-10-08
Jobs growth surges past consensus in September; unemployment stays at 3.8% $Nasdaq100 Bear 3X ETF(SQQQ)$  Major market averages rallied higher and finished in the green on Friday after faltering early on as Wall Street received the latest round of payrolls figures. For the session, the Nasdaq Composite (COMP.IND) closed higher by 1.6%, the S&P 500 (SP500) advanced by 1.1%, and the Dow (DJI) finished on top by 0.8%. For the week, the Nasdaq ended up on top by 1.6%, and the S&P 500 picked up 0.4%, while the Dow finished lower by 0.3%. Furthermore, 10 of the 11 S&P 500 sectors were able to conclude trading higher on Friday with Info Tech and Communications leading the way. The only segment to end the sessio
avatarXball
2023-10-08
avatarDo_Trading
2023-10-07

SPX-"Surprising Jobs Report Sparks Market Frenzy"

On Friday, the stock markets witnessed a remarkable turnaround, the most significant since March. The $DJIA(.DJI)$ rose by 0.9% during the day, reversing an initial 0.8% decline. The $S&P 500(.SPX)$ and $NASDAQ(.IXIC)$ also recorded gains. This turnaround was triggered by a stronger-than-expected U.S. jobs report. Gainers $POINT BIOPHARMA GLOBAL INC(PNT)$ (+86%): The American biotech specializing in cancer treatments has received a takeover offer from Eli Lilly, offering $12.50 per share in cash, valuing the company at $1.4 billion. Losers $Airbnb, Inc.(ABNB)$ (-9%):
SPX-"Surprising Jobs Report Sparks Market Frenzy"
avatarMrzorro
2023-10-07
Surprisingly Strong Hiring Sends Bond Yields Higher Surging U.S. job growth shattered investors’ expectations in the latest sign of accelerating economic momentum, stoking a brisk bond market selloff and sending longer-term borrowing rates to new 16-year highs. Employers added 336,000 jobs in September, the strongest gain since January and up sharply from the prior month’s upwardly revised 227,000 gain, the Labor Department said Friday. Job growth was also stronger in July than previously estimated. The report suggests the economy gained strength through the summer, fueled partly by brisk consumer spending. The jump in hiring keeps the door open to another Federal Reserve interest-rate increase this year. Oil Heads for Worst Weekly Loss Since March as Rate Fears Flare Oil headed for i
avatarJC888
2023-10-08

Jobs data affects US Market? Tesla falls after sue by SEC?

Stocks ticked lower Thu, 05 Oct 2023 as investors looked toward key jobs data on Friday that could determine the next move for interest rates (see above). It seems like both institutional and retail investors are indeed “anxious” about official reports rather than quarterly earnings data. By the time market closed: $DJIA(.DJI)$ lost -9.98 points, or -0.03%, to close at 33,119.57. $S&P 500(.SPX)$ dipped -0.13% at 4,258.19. $NASDAQ(.IXIC)$ traded down -0.12% to end at 13,219.83. It is straying further and further away from the 15K mark. Which Reports Spooked US Market? (1) US ADP Employment. The ADP National Employment Report showed 89,000 private payro
Jobs data affects US Market? Tesla falls after sue by SEC?
avatarZEROHERO
2023-10-06

Non Farm Payroll & Unemployment Rate To Make Or Break The Market 💪

58% gain from taking calls and puts within 60 mins from open on Thursday. Day trading can be rewarding if we manage our risk and keep our position sizing in check. ⚠️ Trading tips: Looking at QQQ calls above 359.3 and puts below 357.59 on Friday. Let’s trade the NFP news and keep it green to enjoy the weekend! Get ready for action after much consolidation Among the data investors will scrutinize are the non-farm payrolls (NFPs), which serve as an indicator of the rate of new job creation during the month. This data point, along with inflation, holds significant sway over the Federal Reserve’s decision-making process on interest rates. Investors are anticipating a decline in NFPs from 187,000 in August to 170,000 in September. Such a figure would represent a softening from the prevailing tr
Non Farm Payroll & Unemployment Rate To Make Or Break The Market 💪
avatarWilliamlow85
2023-10-06
$Tesla Motors(TSLA)$ Non farm payroll higher than expected 
avatar许亚鑫
2023-10-08

What does a stronger than expected non-farm Payrolls mean for the market?

According to the forecast of 23 large investment banks, the increase of non-farm payrolls in the United States is expected to be between 150,000 and 240,000, the unemployment rate is expected to be between 3.6% and 3.9%, and the average hourly wage is expected to increase at an annual rate of 4.3%-4.4%.The final data showed that the number of non-farm payrolls in the United States increased by 336,000 in September, the largest increase since the beginning of this year.Far exceeding the expected 170,000, the value was 187,000 in early August.What is even more exaggerated is that the employment data of the previous two months has also been greatly revised upwards: the number of new people in August was revised up by 40,000 to 227,000; The number of new people in July was greatly revised from
What does a stronger than expected non-farm Payrolls mean for the market?